Economy
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NUPENG ends strike after successful negotiation meeting between government delegates, union leaders
The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has suspended its industrial action following a truce between the…
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PCNGI refutes claims of subsidy removal on CNG, attributes price increase to industry operators.
the Presidential Compressed Natural Gas Initiative (PCNGI) has clarified that the recent pump price adjustments announced by certain operators are…
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Dangote imports crude oil from Ghana, addresses concerns about production
. Dangote Refinery has secured its first crude oil supply from Ghana, underscoring a planned diversification of its supply sources,…
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Nigerians incurred expenditures of about N1.3 trillion on petrol purchases in June 2025 says NMDPRA.
The Nigerian Midstream and Downstream Petroleum Regulatory Authority NMDPRA has revealed that Nigerians spent about N1.3 trillion on purchasing petrol…
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Port Harcourt refinery was causing Nigeria a monthly loss of approximately $500 million – NNPCL GCEO
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, NNPCL, Bayo Ojulari,has revealed that Nigeria suffered significant…
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TINUBU WELCOMES PETROBRAS’ IMMINENT RETURN TO NIGERIA AS NIGERIA, BRAZIL SIGN FIVE MOUs TO EXPAND ECONOMIC RELATIONS
President Bola Tinubu on Monday welcomed Petrobras’s return to Nigeria, five years after the Brazilian state-owned oil company stopped its…
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Nigeria, Brazil Seal Direct Flight Deal to Strengthen Economic, Cultural Bonds
Nigeria has entered into a Bilateral Air Service Agreement with Brazil to strengthen economic, cultural, and diplomatic relations between the…
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NNPCL GCEO attributes oil theft to international syndicates.
Group Chief Executive Officer of NNPCL, has raised concerns about the issue of crude oil theft in Africa, emphasizing that…
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Federal Government deactivates over 13 million social media accounts due to offensive content.
A total of approximately 13,597,057 social media accounts have been shut down by the federal government due to offensive content…
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Oyetola: Lekki Seaport to generate $200 billion in 45-year concession period
The Minister of the Blue and Marine Economy, Mr. Adegboyega Oyetola, has stated that the Lekki Port is projected to…
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